GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Other Income (Expense)

Ratnaveer Precision Engineering (BOM:543978) Other Income (Expense) : ₹70 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Ratnaveer Precision Engineering Other Income (Expense)?

Ratnaveer Precision Engineering's other income expense for the Ratnaveer Precision Engineering's pretax income for the six months ended in Mar. 2024 was ₹70 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹70 Mil.

Ratnaveer Precision Engineering Other Income (Expense) Historical Data

The historical data trend for Ratnaveer Precision Engineering's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ratnaveer Precision Engineering Other Income (Expense) Chart

Ratnaveer Precision Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Other Income (Expense)
8.69 31.41 4.99 13.97 70.21

Ratnaveer Precision Engineering Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Other Income (Expense) 8.69 31.41 4.99 13.97 70.21

Ratnaveer Precision Engineering Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹70 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ratnaveer Precision Engineering  (BOM:543978) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Ratnaveer Precision Engineering (BOM:543978) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Other Income (Expense)
Comparable Companies
BOM:543590 BOM:541701 BOM:532650 BOM:532741 NSE:SHIVAUM BOM:533270 BOM:504605 NSE:SHYAMCENT BOM:542669 BOM:511672 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
RATNAVEER:India
Address
Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara, GJ, IND, 391 775
Website
https://www.ratnaveer.com
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.

Ratnaveer Precision Engineering (BOM:543978) Headlines

No Headlines